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oil economy
Louisiana Despite the catastrophic
Texas Miss. damage wrecked on Louisiana’s
environment by the BP oil spill,
Baton Rouge the state is largely opposed
to halting deep water drilling
New since most of its oil reserves
Orleans are in reservoirs on the outer
OCS continental shelf.
boundary
Gulf
What is the OCS?
of Mexico • Federal land that extends
100 km 200 nautical mi. (370 km) from
100 miles the federal/state boundary –
3 nautical mi. (5.6 km) from the
coastline for La.
Oil and gas, by the numbers, 2009
State Federal OCS
Crude oil Proved oil reserves Natural gas
production In millions of barrels production
In millions of barrels (as of Dec. 31, 2008) In trillions of cubic feet
68.9 388 1.48
406.2 3,388 1.35